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Egyptian Natural Gas Company (GASCO) is a subsidiary of the Egyptian Natural Gas Holding Company, operating in the field of natural gas transmission, distribution and processing. The company was established in March 1997. GASCO operates the gas grid with total length of 22,000 kilometres (14,000 mi).
In 1952 Egypt’s private sector accounted for 76 percent of economic investment. Following the nationalization plans carried out by President Gamal Abdel Nasser in the effort to build a post-independence socialist state, this percentage drastically shifted within a few decades to government investment accounting for over 80 percent of economic investment. [1]
The Egyptian Natural Gas Holding Company (EGAS) is an Egyptian state-owned holding company, which owns and manages state stakes in different gas project. The company was established in August 2001. [2] EGAS is also responsible for issuing of natural gas exploration licenses in Egypt. [3]
The diameter of the pipeline is 36 inches (910 mm) and has a capacity of 10.3 billion cubic metres (360 billion cubic feet) of natural gas per year. [4] The Egyptian consortium that developed this section included EGAS, ENPPI, PETROGET and the Egyptian Natural Gas Company (GASCO).
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Gasco may refer to: GASCO, an Abu Dhabi gas company; GasCo, a subsidiary of Dynegy; Egyptian Natural Gas Company; FC Gasco, a Somali football club; Gasco FC, an Egyptian football club; see 2014–15 Zamalek SC season; General Aviation Safety Council (GASCo), a UK general aviation organization; see Guild of Air Traffic Control Officers